RVA Property Solutions was founded by Rich Lennon and his wife Stephanie, who have been investing in real estate since 2003. As Virginia natives, they were attracted to Richmond for its housing market, its deep rooted family values, and the tight community that makes the River City so special. They moved to Richmond in 2012 and by early 2013, RVA Property Solutions was established.
While one investment property remains in Northern Virginia, their current portfolio is concentrated where their family resides in Chesterfield and surrounding counties. Initially, Rich started out doing what all the other real estate investors were doing-going around making cash offers to buy houses.
While one investment property remains in Northern Virginia, their current portfolio is concentrated where their family resides in Chesterfield and surrounding counties. Initially, Rich started out doing what all the other real estate investors were doing-going around making cash offers to buy houses.
Services
So far this year, nearly a third of all residential real estate sales have been all-cash transactions. This is great news for property owners, because the benefits of selling a home for cash can be many. With no need to wait for lender approval and fewer contingencies (such as home inspections, appraisals, etc), all-cash sales tend to go much smoother and can be completed much faster-sometimes in a matter of days.
Is cost of keeping the property (both in terms of property taxes and maintenance costs) a burden to you?. If you were to sell the property for cash and invest the money you received at 10% interest, would your return on investment after the first year be greater than $5,000?. Is dealing with this property causing you emotional stress or distracting you from other areas of your life in any way?.
At RVA Property Solutions, we take a responsible, respectful approach to cash home buying. Our unique cash home buying process is fair to all parties involved, and is designed to insure the best outcome possible for the homeowner and their community. In our initial conversation with you, we will ask you some questions to make sure that selling your home for cash is the best option for you.
Losing a close friend or relative is never easy, but when complications arise in the process of settling the deceased person's estate, it can be very difficult for those taking on that responsibility. Richmond resident Rosa S. found herself in exactly that position when her friend passed away and she became the executor of the estate.
Here at RVA Property Solutions, we take an education-based approach to the cash home buying process. These frequently asked questions will help you understand who we are, what we do, and how we operate. An investor is simply someone who acquires assets, lets those assets appreciate in value (or does something to them to increase their value), and then sells those assets at a higher price than what he originally paid for them.
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